Equities

Ocwen Financial Corp

Ocwen Financial Corp

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  • Price (EUR)24.40
  • Today's Change0.600 / 2.52%
  • Shares traded0.00
  • 1 Year change+6.09%
  • Beta--
Data delayed at least 15 minutes, as of Mar 28 2024 07:05 BST.
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About the company

Ocwen Financial Corporation is a financial services company, which provides services and originates both forward and reverse mortgage loans, through its brands, PHH Mortgage and Liberty Reverse Mortgage. The Company operates through three segments: Servicing, Originations, and Corporate Items and Other. Its Servicing segment is comprised of two components, its owned MSRs and its subservicing portfolio. The segment invests its capital to fund purchases and originations of its owned mortgage servicing rights (MSRs) and servicing advances. Its Originations segment purchases MSRs through bulk portfolio purchases, through flow purchase agreements with its network of mortgage companies and financial institutions, and through participation in the Agency Cash Window (or Co-Issue) programs. Its Corporate Items and Other segment include revenues and expenses of corporate support services, inactive entities, and its other business activities that are individually insignificant.

  • Revenue in USD (TTM)1.07bn
  • Net income in USD-63.70m
  • Incorporated1991
  • Employees4.50k
  • Location
    Ocwen Financial Corp1661 Worthington Rd Ste 100WEST PALM BEACH 33409-6493United StatesUSA
  • Phone+1 (561) 682-8000
  • Websitehttps://www.ocwen.com/
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